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New York · Nonprofit

OPEN VARIATIONS THEATER INC

OPEN VARIATIONS THEATER INC (New York) receives grants from 2 organizations whose IRS filings report $27,800 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($25,000). 0 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$34k
Funders on record
2
Grants received
$28k
Net assets
$9k
0/2 repeat funders
01What it does

What Open Variations Theater Inc does

Mission

Our mission at ovt is to promote and assist in the development and production of new or interdisciplinary works. Whether reimagining an existing stage play utilizing a different medium or promoting new works across various artistic disciplines, our goal is to foster emerging voices in theatre, film, dance, and art, creating a whole that is greater than the sum of its parts! Additionally, we aim to establish connections with nyc schools and students interested in the arts. By offering discounted tickets and organizing workshops with experts in the field, we hope to engage and nurture the curiosity of students and young individuals.

As stated on its FY2024 Form 990-EZ.

Programs

  1. Gazer: we engaged in a fiscal sponsorship with telstar films to assist their debut feature film, gazer, in completing post-production and securing its world premiere at the prestigious cannes film festival. We were eager to promote the new work of an emerging director/actor duo who also co-wrote their first feature film. With our support, the film was able to cover essential post-production expenses and officially screen at the festival, where it received widespread praise and was acquired for theatrical release. Elevating powerful young voices in the arts is of paramount importance to our company.

    $23,002 spent
    90% of program spending
  2. Be a good little widow: we've begun producing our first stage production, a digital reimagining of bekah brunstetter's acclaimed yet lesser-known play, be a good little widow. The goal is to launch our next season this fall with a limited run of this reimagining. We've secured a theater space and acquired the rights to the show and its materials from concord theatricals. To kick off the season, we will host a fundraiser for the production, with plans to stage the show in october.

    $2,428 spent
    10% of program spending

The 2 programs described on its FY2023 Form 990-EZ. Program spending in total: $25,430.

02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 90% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of OPEN VARIATIONS THEATER INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

OPEN VARIATIONS THEATER INC leans on a few funders — its largest provides 90% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

90% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund OPEN VARIATIONS THEATER INC.

90%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

90% of OPEN VARIATIONS THEATER INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3k that is directly attributable, 100% of it comes from funders outside New York, across 1 state.

NJ

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Against its field

OPEN VARIATIONS THEATER INC runs a healthier operating margin than three-quarters of the 14,575 arts & culture nonprofits its size.

Operating margin26% · top quartile

this organization peer median middle 50% of peers· 14,575 arts & culture nonprofits under $100k, FY2024

Organizations like OPEN VARIATIONS THEATER INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for OPEN VARIATIONS THEATER INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds OPEN VARIATIONS THEATER INC?
OPEN VARIATIONS THEATER INC (New York) receives grants from 2 organizations whose IRS filings report $27,800 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($25,000). 0 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does OPEN VARIATIONS THEATER INC have?
IRS filings report 2 organizations giving $27,800 in grants to OPEN VARIATIONS THEATER INC.
Who is the largest funder of OPEN VARIATIONS THEATER INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like OPEN VARIATIONS THEATER INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2024–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing